LCID is making its move while Fisker got halted and will be delisted. LCID has a rich uncle, a Saudi billionaire running the national wealth fund there. Fisker lost its suitor in Nissan and tried to raise cash by selling cars under cost. I would be afraid to buy a car from a company about to head into bankruptcy. Anyway, time to buy LCID for now, it has a...
RIVN on a 60 minute chart with set of anchored VWAP lines appears to be finishing a double bottom at the 8.5 level and making a move higher in a VWAP band breakout potnetially rising to the mean anchored VWAP and beyond it into the upper bands. I will take a long trage here with the targets in a textbox on the chart. I am interested in the action of the...
RIVN popped today while FSR got halted and will be delisted. The 4H chart with BB and a predictive algo added suggest it has room to 13.25. The indicators are supportive of that forecast. I will take a long position here with a stop loss under the lower BB line. As to my FSR put options I will watch them rise until expiration time. No hurry. No worry...
NASDAQ:TSLA disc: Not invested
TSLA here in on a 30-minute chart. It is in a channel that has as its basis the 42 ( 7x6) EMA with the upper and lower bands the 2.618 Fibonacci extensions of the basis value. Accordingly when hitting the lower band, there is a high probability of reversal to trending up. Conversely, when hitting the upper band, the price is highly probable to reverse into...
Nasdaq's fall in the market compared to S&P was strong in 2022, so the elasticity of the rise will be strong on the contrary. In addition, if the rise is raised to individual stocks at this point, there is a risk of timing, but if it is on the index ETF, the unit price is sufficiently stable at this point.
TSLA Support, Resistance and Pivot for today Pivot taked as a breakpoint too
In this daily chart, I made a composite index of electric vehicle stocks using an approximate formula weighed by stock prices but not market cap. ( ( $NIO + $LCID + $RIDE + $NKLA +$WKHS) x 50 ) + $TSLA This serves as an approximate normalization adjustment of the varying stock prices in the collection of stocks. I did this to later check to see if there is...
Entry and exit for single option calls on TSLA for June 17, 2022.
Below 297-300 (or $NQ_F 12.2K) and we can flush to 200ema on weekly. Holds and larger 🐻 bounce possible. Flexibility is rewarded! $NDX $SOX $ES_F $SPY $SPX $TLT $TNX $GLD $DXY $VIX #Trading #Stocks 📉
Wow this falling wedge was textbook, but just scraping by the minimum 3 month timeframe. According to textbook would retrace to target B, or roughly 15K, +4% from here over a relatively short amount of time. However, many falling wedges do retrace the breakout rather quickly in the 2nd week after. After all, the markets don't go straight up do they? Lately we...
Tesla may continue moving lower and it may find support and value at $880 level
Tesla - TLSA - Trending upwards - $900 taget! Price is above the moving averages and above the 61.8 Fib. We expect some pullback but watching for upwards trend to continue?
Retail traders have been primarily momentum and trend based, so with this in mind, lets keep it simple and look at the longer-term uptrend and assess price action around this support in the near-term. Perhaps Musk can pull it out of the bag and promote a resumption of the bull trend, but the headwinds are growing and if they lose the momo crowd, the shorts could...
$TLSA Target 4.82 for 31.34% Or next add level is at 2.52 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first...
Good volume accumulation, wedge has been formed, should moon